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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST
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To: bobby beara who wrote (75749)4/23/2001 9:25:29 PM
From: t2  Read Replies (2) of 99985
 
bobby_beara, I guess you are cautious on the market (short). Don't you feel that too many are feeling the same way after such big gains recently.

That is the sense I get and therefore believe that the drop will be short lived--today, tomorrow, one week but it rebounds much faster to a higher level around 2300 or so.
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